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ALGER, MI 48610

Real Estate Market Report  ·  Gladwin County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
12
⇩ 7.7% vs 13 last year
Pending
3
25% pending ratio
Median Price
$211,950
⇩ 10.7% vs $237,225 last year
Average Price
$240,020
⇩ 58.2% vs $574,376 last year
Days on Market
97
⇩ 24.2% vs 128 days last year

Market Context

Population: 3,270  ·  Density: 10.0/mi²  ·  Median household income: $51,331

Typical home value: $116,404  ·  Homeownership: 90.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ALGER, MI real estate market (48610) currently shows 12 active listings, with 3 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 97 days on market compared to 128 days last year.

The median listing price has fallen 10.7% year-over-year, from $237,225 to $211,950.

Whether you are buying or selling in ALGER, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 13 last year
  • Days on market: 97 now vs 128 last year

Median & Average Pricing

Year over Year
  • Median: $211,950 (-10.7% YoY)
  • Average: $240,020 (-58.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.7 miles — 213 listings ($62,321,689 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48610Alger, MI 486100.0 mi12$2,880,240$211,950$240,020
48756Prescott, MI 4875612.5 mi18$3,038,850$164,450$168,825
48661West Branch, MI 4866114.3 mi30$7,713,960$229,500$257,132
48749Omer, MI 4874915.2 mi1$339,500$339,500$339,500
48766Twining, MI 4876616.5 mi6$1,827,360$299,000$304,560
48656Saint Helen, MI 4865620.6 mi23$4,678,545$157,900$203,415
48650Pinconning, MI 4865020.7 mi21$4,151,343$179,445$197,683
48654Rose City, MI 4865422.7 mi6$907,080$147,500$151,180
48651Prudenville, MI 4865123.2 mi20$5,743,880$266,950$287,194
48628Hope, MI 4862825.0 mi6$1,787,850$221,450$297,975
48743Long Lake, MI 4874326.4 mi1$1,400,000$1,400,000$1,400,000
48748National City, MI 4874827.8 mi11$3,953,543$237,450$359,413
48642Midland, MI 4864229.7 mi58$23,899,538$369,000$412,061

Frequently Asked Questions

How many homes are for sale in ALGER, MI 48610?

As of January 2026, there are 12 active listings in ALGER, MI (zip code 48610), compared to 13 the prior year.

What is the median home price in ALGER, MI 48610?

The median listing price in ALGER, MI 48610 is $211,950 as of January 2026, a 10.7% decrease from $237,225 the prior year.

How long do homes stay on the market in ALGER, MI?

Homes in ALGER, MI 48610 spend an average of 97 days on the market before going under contract, compared to 128 days the prior year.

Is it a seller's or buyer's market in ALGER, MI 48610?

Based on current inventory and days-on-market data as of January 2026, ALGER, MI 48610 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 97 days on market compared to 128 days last year.

How much can I save on real estate commission in ALGER, MI?

With SELL123.com's maximum 3% commission, sellers in ALGER, MI 48610 save an estimated $4,239 compared to a typical 5% commission on the median listing price of $211,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.